The Perils of a Modern Babel
“Pursuing a modern Babel project through social media technology is not any better than the ancient Biblical project pursued with bricks.” ~ Richard Gunderman & Mark Mutz
READ MOREThis Tweet Contains Speech. Click Here to Learn More.
“Twitter users who have grown accustomed to surrendering their critical thinking to warning labels placed on others’ Tweets may need a period of adjustment. A new batch of pro-free-speech labels might just do the trick.” ~ Jon Sanders
READ MOREModern Day Bills of Exchange
“Bitcoin, or cryptocurrency more generally, allows us to look at issues related to exchange, money, payments, and finance through a new lens.” ~ Joshua R. Hendrickson
READ MOREA Reality Czar? What Could Possibly Go Wrong.
“So who could be trusted as the reality czar? No one. That is why Democrats never suggested one when Trump was in office. In politics, truth is subservient to power.” ~ Gary M. Galles
READ MOREThe Future Will Be Flatter than Ever
“Thomas Friedman declared in his 2005 book The World is Flat, that the world is flat. This “flattening” (or leveling of the playing field, as we might think of it) continues today in radically new ways that Friedman may not have imagined.” ~ Emile Phaneuf
READ MOREBetting on Social Media
“MIBM platforms don’t need thought police or feckless fact checkers, they need to enable the types of nonviolent signals and claims markets long found in taverns. The recent easing of gambling laws in many states will help.” ~ Robert E. Wright
READ MOREAOL, Elon Musk, and Twitter
“Nothing lasts forever. What’s true applies to Twitter. To pretend that so much importance can be derived from one company and its owner is just childish, and it insults the greatest country on earth.” ~ John Tamny
READ MOREThree Topics for Young Political Economists
“I would claim that the growth of platforms that allow peer-to-peer cooperation, and foster the low-cost commodification of excess capacity, are likely to change our relations to work, to ownership, and to each other.” ~ Michael Munger
READ MOREMore Poison from Twitter
“Taking away this valuable shareholder option without their consent is not in owners’ interests, as commonly reflected by negative stock price changes when poison pills are adopted without shareholder approval.” ~ Gary M. Galles
READ MOREThe Panic Reveals So Much: Elon Musk, Twitter, and the Digital Public Sphere
“The proposed buyout of Twitter – targeting the curated reality of the powerful – pushed the aggressively anti-free-expression agenda out into the light. Censorship serves the powerful, and, as Greenwald notes, ‘the panic reveals so much.'” ~ Laura Williams
READ MOREDelta Doesn’t Owe Me More Legroom
“By offering bigger seats and more legroom, airlines are essentially asking if we’re ready to cover the cost of providing the additional comfort. When we choose cheaper, less comfortable economy class seats, we’re saying ‘No, thank you.’” ~ Art Carden
READ MORE‘The Founders’ Is an Excellent Book
“For now, it should be said that Soni has written an essential book about some remarkable people. What an achievement by Jimmy Soni in telling the story of PayPal, and the amazing people who made it happen.” ~ John Tamny
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